What's the least risky options writing strategy?

Holy Mother's of Black Scholes,I had no idea what we are up against

 

I hope that he comes back (doubtful) and gives us an IRR on that inside strangle.

 

if you want to invest in something on a pull back you can sell puts. No pullback you collect premium. Pullback you get your investment

 

Boyos, check this shit. A cool 52% return anywhere between 10,000 and 16,000!

 

i liquidated everything to put this trade on. I will make over 600000 per contract.

i’za gonna be rich!

 

Nope; still wrong. Run it through an analyzer, will ya?

 

Truly, we are blessed to be in the presence of greatness. @destriero , why oh why have you been keeping this to yourself? Now I'll have to go throw myself off the nearest vesting cliff in terminal embarrassment. Imagine me trying to explain the put-call whatever to someone with 4.0 in finance!

Although... I did stay at a Holiday Inn last night. There may yet be some chance of clemency.

 

wrong you are selling in the money call and put
of the 6839 collected 6000 would have to give back so if market stay within range you get 839

that is the same as selling out of money put and call (it is easier to grasp the concept than sell in the money call and put)

 

This is correct. How could he miss something so simple? LOL....

 

I see says the blind man....

you are welcome